Ecopetrol SA ADREC
Mentioned
Impact on assets 1
Energy
Ecopetrol SA ADREcopetrol Earns Zacks Rank #1 as Earnings Estimates Rise
2▲0 ▼0Impact / 5
Ecopetrol has been named a Zacks Rank #1 (Strong Buy), with the consensus earnings estimate for the current fiscal year standing at $2.08, a change of +65.1% from the prior year. For the current quarter, the company is expected to post earnings of $0.50 per share, indicating a change of +61.3% from the year-ago quarter, and that Zacks Consensus Estimate has changed +34.8% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $2 indicates a change of -3.6% from what Ecopetrol is expected to report a year ago, while over the past month that estimate has changed +30.7%. The consensus sales estimate of $9.75 billion for the current quarter points to a year-over-year change of +30.7%, with the $38.57 billion and $37.77 billion estimates for the current and next fiscal years indicating changes of +30.3% and -2.1%, respectively. In the last reported quarter, Ecopetrol reported revenues of $11.13 billion, a year-over-year change of +57%, and EPS of $0.82 versus $0.21 a year ago, with the revenue figure representing a surprise of +9.98% against the Zacks Consensus Estimate of $10.12 billion and the EPS surprise coming in at -4.65%.
Ecopetrol SA ADR